Usd/Jpy

both of fast stochastic line and slow line are still in sideway movement at sell border level 80 although only Gator Oscillator is negative but other oscillator like Rigor Vigor Index (RVI) and Accumulated Oscillator (AO) are positive it means pair face difficulty to make reversal direction but pair will become re-bullish and make new high above 97.97

USD / JPY continues to creep higher during Asian trade, currently up 34 points at 98.10. This followed a memorable day for the couple who ended the New York session up 113 points at 97.72. At 23:50 GMT, a number of economic reports to be released from Japan. The report includes data Foreign Investment Bonds, Commercial Goods Trade, and Import / Export.

Although slightly higher, USD / JPY was unable to operate higher on improved market sentiment, and find sellers around 98.00. The hourly chart shows the SMA 100 and 200 are converging at the current price while the indicator is around the middle line, which supports the downside at this point, short-term support is at a session low of 97.30, and once under the spouse may try to test the 96.50 area today. On the other hand, the positive side it seems too limited at around 98.40, and only a steady increase over the last one will deny the bearish bias on the pair

Usd/jpy analysis for 04.17.2013 by using pivot indicator.

r3: 100.84
r2: 99.50
r1: 98.50

pivot: 97.16

s1: 96.16
s2: 94.82
s3: 93.82

Here is my daily analysis for 17 april, using simple method, based open price

buy stop 97.72 tp 97.92 sl 97.12
sell stop 97.32 tp 97.12 sl 97.92

happy enjoy trading!!!

USD/JPY intraday: further advance.

Pivot: 97.50.
Our preference: LONG positions above 97.5 with 98.7 & 99.1 as next targets.
Alternative scenario: The downside breakout of 97.5 will open the way to 97.1 & 96.5.
Comment: the pair remains on the upside and is breaking above its resistance, the RSI is well directed and not overbought.

MA 480 Make JPY failed to continue It bearish track. I think if that condition are not change. The Pair will rise more high. Many trader are know if the japan economic condition with new rules from Fukada Make JPY are under preassure. The USD are weak against GBP and EURO, but it not make the JPY become better choice for investor.
The pivot on 97.10 are the key to make the pair continue it bullish trend. If the pair are trade below the pivot, it was the signal for the bearish test.

Pivot levels today:
R3: 100.81
R2: 99.48
R1: 98.45
PP: 97.12
S1: 96.08
S2: 94.76
S3: 93.73
Comment: Price now is to close to R1, and above 55 SMA, so it is an important point to watch.
Forecast: if price success to break R1, so it will rise to 99.72, but if it fall and breaks the level 97.78, this will open the way to more fall to 96.21

Usd/jpy pivot levels for today by using : fibonacci pivot indicator.

r3: 99.54
r2: 98.63
r1: 98.08

pivot : 97.17

s1: 96.27
s2: 95.71
s3: 94.80

JPY pair now can give a great set for sale on the hourly chart is perfectly clear that the course is not allowed above 200 MA, a pair has formed a bearish divergence MASD, the pressure of the bears also could not resist, and the slanted line, the pair will be strengthened below it would open the way to a local minimum 95.80 and will be confirming a signal to sell.

Couple almost fulfilled northern signal and failed to break through the sliding sineyu alligator from it and there was a retreat on 4-hour chart was forming bearish engulfing, stochastics gave a sell signal and the RSI turned down to the south, reducing it seems to me should continue to figure at least 97.00 .